China Brilliant Global (HKSE:08026) LT-Debt-to-Total-Asset : 0.29 (As of Sep. 2023)

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What is China Brilliant Global LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. China Brilliant Global's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.29.

China Brilliant Global's long-term debt to total assets ratio declined from Sep. 2022 (0.30) to Sep. 2023 (0.29). It may suggest that China Brilliant Global is progressively becoming less dependent on debt to grow their business.

China Brilliant Global LT-Debt-to-Total-Asset Historical Data

The historical data trend for China Brilliant Global's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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China Brilliant Global LT-Debt-to-Total-Asset Chart

China Brilliant Global Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

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0.02

0.43

0.35

China Brilliant Global Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.30	-	0.35	-	0.29

China Brilliant Global LT-Debt-to-Total-Asset Calculation

China Brilliant Global's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	58.214	/	168.764
	=	0.34

China Brilliant Global's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	58.149	/	199.625
	=	0.29

China Brilliant Global (HKSE:08026) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

China Brilliant Global LT-Debt-to-Total-Asset Related Terms

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China Brilliant Global (HKSE:08026) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » China Brilliant Global Ltd (HKSE:08026) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

9 Des Voeux Road West, Flat B, 9th Floor, Sheung Wan, Hong Kong, HKG

Website

https://www.cbg.com.hk

China Brilliant Global Ltd engages in wholesale and retailing of jewellery, money lending and distribution and retailing of Chinese herbal medicine and drugs. The company operates its business through three segments are Trading and retailing of gold and jewellery segment; Lending business, and the Fintech business segment. The Trading and retailing of gold and jewellery contribute maximum in the revenue of the company. The group's operations are mainly located in the PRC and Hong Kong, of which prime revenue is generated from the PRC.

Executives

Zhang Chunhua	2101 Beneficial owner
Brilliant Chapter Limited	2101 Beneficial owner
Zhang Chunping	2101 Beneficial owner

China Brilliant Global (HKSE:08026) Headlines

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